About Balewadi Techpark Private Limited
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Balewadi Techpark Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 31 January 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74990PN1997PTC105549. Its GSTIN is 27AABCP0289N1Z0 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹446 Cr and a paid-up capital of ₹445.01 Cr. It was formerly known as Panchshil Real Estate Consultants Private Limited. It is led by directors Saniya Atul Chordia and Paresh Ajit Bafna.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at S.No.191A/2A/1/2 Tech Park One Tower 'E' Yerwada, Pune, Maharashtra, India – 411006.
As per the financials filed for FY 2024, the company reported a revenue of ₹623.45 Cr, a decline of 48% compared to the previous year. For the same year it recorded a net profit of ₹209.81 Cr (net margin 33.7%) and EBITDA of ₹501.9 Cr (EBITDA margin 80.5%). Revenue has grown at a compounded annual rate (CAGR) of 82% over three years and 301% over five years.
Its group structure includes 3 subsidiaries and 2 joint ventures.
As per MCA filings, the company has open charges of ₹1,728.95 Cr and satisfied charges of ₹1,255 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 7 deals on record (3 secondary share transfers, 2 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹635.02 Cr; the latest was in July 2024. Its 3 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 1 larger and 2 smaller; the largest is Ramky Estates and Farms Limited with revenue of ₹638.31 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bhateraje.com.
Company details
CIN history
Balewadi Techpark has one previous CIN (Corporate Identification Number): U70200PN1997PTC105549. The current CIN is U74990PN1997PTC105549, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74990PN1997PTC105549 | Current |
| U70200PN1997PTC105549 | Previous |
Contact details
Balewadi Techpark Private Limited's registered office is in Pune, Maharashtra. Its website is bhateraje.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressS.No.191A/2A/1/2 Tech Park One Tower 'E' Yerwada, Pune, Maharashtra, India – 411006
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Balewadi Techpark Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Balewadi Techpark is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Balewadi Techpark Private Limited, buy the company report.
Financials of Balewadi Techpark Private Limited
FY 2025 filings availableBalewadi Techpark Private Limited reported revenue of ₹623.45 Cr (down 48% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 48% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 301%. EBITDA rose 132% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹501.9 Cr | ||||
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| Net Profit (PAT) | ₹209.81 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 80.5% | ||||
| Net Profit Margin | 33.7% | ||||
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To see the full financial statements and ratios of Balewadi Techpark Private Limited, buy the company report.
Board of directors of Balewadi Techpark Private Limited
Balewadi Techpark has 2 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saniya Atul Chordia Also directs: Soham Leisure Ventures Private Limited, Ventive Makers Circle LLP, Panchshil Edutech Private Limited and 2 more | Director | 12 Mar 2021 | 5 Years 7 Months | Current |
| Paresh Ajit Bafna Also directs: Evaan Homes LLP, Vandit Developers (India) Private Limited, India Land Infrastructure Development Private Limited and 5 more | Director | 26 Nov 2021 | 4 Years 11 Months | Current |
Peer comparison
Balewadi Techpark Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ramky Estates and Farms Limited | ₹638.31 Cr (FY 2025) | 31.0% | Hyderabad, Telangana, India | |||
| Balewadi Techpark Private Limitedthis company | ₹623.45 Cr (FY 2024) | ₹209.81 Cr | 33.7% | -48.0% | Pune, Maharashtra, India | |
| Wadhwa Construction & Infrastructure Private Limited | ₹619.85 Cr (FY 2025) | 137.0% | Mumbai, Maharashtra, India | |||
| Ansal Properties and Infrastructure Limited | ₹612.13 Cr (FY 2024) | -29.0% | New Delhi, Delhi, India |
To see the full peer comparison of Balewadi Techpark Private Limited, buy the company report.
Auditor
Balewadi Techpark Private Limited is audited by G S K A & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G S K A & CO | FY 2023 | 147093W |
Shareholding
The shareholding of Balewadi Techpark Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Balewadi Techpark Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Feb 2026 | 101240086 | Idbi Trusteeship Services Limited | ₹150 Cr | Open | |
| 11 Dec 2025 | 101211072 | The Hongkong and Shanghai Banking Corporation Limited | ₹9.35 Cr | Open | |
| 27 Mar 2025 | 101079982 | Others | ₹350 Cr | Open | |
| 21 May 2024 | 100935390 | Idbi Trusteeship Services Limited | ₹539.08 Cr | Open | |
| 18 Jul 2023 | 100749803 | Idbi Trusteeship Services Limited | ₹130.52 Cr | Open |
To see the full charge records of Balewadi Techpark Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Balewadi Techpark Private Limited has 7 deals on record (3 secondary share transfers, 2 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹635.02 Cr; the latest was in July 2024.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2024 | Secondary share transfer | Undisclosed | Seller: Panchshil Realty and Developers Private Limited |
| Jan 2023 | Acquisition | ₹445 Cr | Buyer: Eon Hadapsar Infrastructure Private Limited |
| Jan 2018 | Funding round | ₹90.02 Cr | Investors: Blackstone Advisors India |
| Dec 2015 | Funding round | ₹170 Cr | Investors: Blackstone Advisors India |
| Jul 2010 | Secondary share transfer | Undisclosed | Buyer: Panchshil Realty and Developers Private Limited Seller: an individual |
To see the full deal history of Balewadi Techpark Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Balewadi Techpark Private Limited has 1 court case on record: 1 filed by Balewadi Techpark. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against The State of Maharashtra Through the Secretary and Anr. | Pending |
To see the full case history of Balewadi Techpark Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Balewadi Techpark Private Limited was last rated by Care on 30 Sep 2025.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 30 Sep 2025 |
To see the full credit ratings and regulatory alerts of Balewadi Techpark Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Balewadi Techpark Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Balewadi Techpark has 3 subsidiary companies, 2 joint ventures, and 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Gramercy Trade Industries Private Limited | U24112PN2021PTC205986 | |
| Panchshil Trade and Techpark Private Limited | U45201PN2019PTC188225 | |
| Panchshil IT Park Private Limited | U45309PN2019PTC188223 |
To see the full group structure of Balewadi Techpark Private Limited, buy the company report.
GST
Balewadi Techpark has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCP0289N1Z0 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Balewadi Techpark Private Limited, buy the company report.
Recent activity
Balewadi Techpark Private Limited has 15 board changes on record since 2007: 2 appointments and 13 cessations. The latest: Darshan Sharad Chordia ceased to be Additional Director on 12 Jan 2023.
22 earlier events are in the company report.
Frequently asked questions
Balewadi Techpark is an active private limited company based in Pune, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 31 January 1997 (29+ years old) and is registered under CIN U74990PN1997PTC105549.
Balewadi Techpark has 2 current directors:
- Saniya Atul Chordia - Director
- Paresh Ajit Bafna - Director
The latest financial statements of Balewadi Techpark on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Balewadi Techpark is 27AABCP0289N1Z0, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Balewadi Techpark is U74990PN1997PTC105549. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Balewadi Techpark has 1 court case on record: 1 filed by the company. 1 is pending.
Balewadi Techpark was incorporated on 31 January 1997, making it 29+ years old. It is registered with the Registrar of Companies, Pune.
Balewadi Techpark has 7 deals on record (3 secondary share transfers, 2 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹635.02 Cr; the latest was in July 2024.
The peers of Balewadi Techpark by revenue are Ramky Estates and Farms Limited, Wadhwa Construction & Infrastructure Private Limited, Ansal Properties and Infrastructure Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Darshan Sharad Chordia ceased to be Additional Director on 12 Jan 2023. Siddharth Nawal ceased to be Director on 01 Dec 2021. Srejan Goyal ceased to be Director on 01 Dec 2021. Balewadi Techpark has 15 board changes on record in total.
Balewadi Techpark can be reached through the website bhateraje.com. Its registered office is in Pune, Maharashtra, India.
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